AS tax time approaches, Platinum Accounting Australia founder and CPA Coco Hou is encouraging Australians to take a smarter, more proactive approach to their finances to maximise their tax return this financial year.

Ms Hou said tax planning doesn't have to be complicated.

"There are some really simple, legal and effective ways Australians can get a better result on their tax return, but you need to act before June 30, not after," she said.

Ms Hou emphasised that many people miss out on legitimate deductions simply because they don't keep adequate records or fail to plan ahead.

"A little organisation goes a long way," she said.

"Start by reviewing last year's return and identify any deductions you may have missed.

"If you work from home, use your car for business or have out-of-pocket work-related expenses, you may be eligible to claim more than you think."

Ms Hou is urging Aussies to start reviewing their tax situation now and to look for ways to improve this financial year's return.

Reviewing your tax situation includes looking at areas such as working from home costs, professional development and training, prepaying expenses before June 30, superannuation contributions, charitable donations, reviewing and selling underperforming investments, and acting early on your tax.

For more information about tax returns, visit https://www.ato.gov.au/.